Northrop Grumman joins health IT incubator as sponsor

Company to advise startups alongside Hopkins, BioHealth Innovation

Northrop Grumman Corp. has signed on as a sponsor of DreamIt Health Baltimore, a business accelerator backed by Johns Hopkins University and BioHealth Innovation Inc.

The accelerator gives startups $50,000 in seed funding, help gathering customers, and accounting and legal support, along with access to the expertise of the sponsors. Philadelphia-based accelerator DreamIt Ventures launched the incubator.

Leaders at the companies and Hopkins will choose up to 10 startups for the accelerator, starting with an "entrepreneurial boot-camp" in Baltimore from January through May. Applications were due Nov. 18.

Northrop Grumman provides health information technology products and services to federal agencies, the military and state, local and international governments.